State-run Rural Electrification Corp (REC) today said it has transferred the entire shareholding of its wholly-owned subsidiary to Power Grid Corporation of India following approval from the Power Ministry.
State-owned infrastructure financecompany in the power sector – Rural ElectrificationCorporation (REC) – today announced it has raised $300 million through Dollar bonds that are bought and sold outside of the United States.
Renewable Energy Certificates (RECs) have been in existence in India since 2011 to enable compliance of Renewable Purchase Obligations (RPOs).
The Union government’s ambitious plan to complete rural electrification by May 1, 2018 is set to be achieved before target with the rural electrification corporation of India (REC) in the last leg of the scheme, informed Dr P.V.Ramesh, chairman and managing director, REC Limited.
Susanta Kumar Roy has been appointed as Director (Projects), NTPC with effect from 19th January, 2018. Prior to this, Roy held the post of Executive Director(Projects), NTPC Roy is a Mechanical Engineering Graduate from REC, Durgapur and joined NTPC in 1981 as Executive Trainee.
In an interview with ET Now, PV Ramesh , CMD, REC , says expecting a big upsurge in the demand push in the Budget through government’s instruments of stimulating growth like Make in India programme which is expected to generate much higher demand than witnessed in the last few years.
Only six out of 29 states and seven union territories are complying with the central government’s Renewable Purchase Obligation (RPO) targets, a Greenpeace India report said on Wednesday.
State-run Rural Electricity Corp (REC) today said that Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya) was launched in Madhya Pradesh to provide electricity connections to about 45 lakh families.
Trading of renewable energy certificates (REC) at the Indian Energy Exchange (IEX) touched an all-time high in the November session, with 18.9 lakh RECs being traded under the non-solar category.
Is it the fatigue of being in the business of connecting thousands of villages with electricity for almost five decades? Or is it that banking is oh so sexy? Talk to PV Ramesh of Rural Electrification Corporation